Ashland Loses 6th, 2nd Circ. Appeals In ARS Suits
In the case against Oppenheimer, the Sixth Circuit upheld U.S. District Judge Jennifer B. Coffman's February 2010 finding that Ashland's fraud claim did not meet the particularity requirements of the Private Securities Litigation Reform Act.
At the same time, the Second Circuit upheld a New York federal judge's dismissal of Ashland's securities fraud...
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